Summary:
“Economic governance implies to have such economic policies in a country where income of a state is enough to meet the developmental needs of the country and expenditure of the government.  It was reflected in the recent budget that expenditure of the government is far exceeding its income and to meet its requirement, federal government has resorted to heavy indirect taxation which is adversely affecting the general public. There is a storm of tremendous price hike and people find it really hard to make both their needs meet. It was suggested that government should impose direct tax, shed off over employment in the departments, encourage private sector and bring foreign investors to the country. The present government was also criticized for backing away from all its promises.”

Nasim Khan